5 Stocks I'm Betting the Farm On
It's been a rough year for the investing community, with the broad-based S&P 500 logging its worst first half to a year since 1970. Things have been even more challenging for growth stocks, with the closely watched Nasdaq Composite losing as much as 34% of its value since hitting its November closing high.
But amid this peril comes opportunity. Between the 2020 pandemic crash and present day, I've increased the size of my portfolio from around 10 stocks to 44 separate holdings. When held for years or decades, I believe the vast majority of these companies will outperform the benchmark S&P 500.
However, not all holdings in my portfolio are weighted equally. Among the 44 stocks I hold, just five account for 62.5% of my invested assets. You could rightly say I'm betting the farm on the following five stocks.
Source Fool.com
